-major selloff after Japan’s PM 10am press conference – he orders evacuation amid radiation leak. Major equity sharply lower but ends the day on recovery mode after Japan says radiation readings improve in PM.
-fbm performs strong, relatively to peers. But a finish under 1490 means bad news for bulls, technically speaking. Both fbm and fkli at critical support lvl, around 1470-80. A breach could send mkt towards 1430-40 for the rest of the 1Q.
-Kan’s press conference will hold the key for next big fall or strong bound. Otherwise, cautious prevails, in sideways tone, 1470-1500 .
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